Sec. 1. As used in this chapter, "adjusted or net capitalized cost" means the capitalized cost, less any capitalized cost reduction payments made by a retail lessee at the inception of a lease agreement. The adjusted or net capitalized cost is the basis for calculating the amount of a retail lessee's periodic payment under a lease agreement.
As added by P.L.151-2015, SEC.80.
Structure Indiana Code
Chapter 16.5. Disclosures Required in Motor Vehicle Leases
24-5-16.5-1. "Adjusted or Net Capitalized Cost"
24-5-16.5-2. "Capitalized Cost"
24-5-16.5-3. "Capitalized Cost Reduction"
24-5-16.5-4. "Lease Agreement"
24-5-16.5-5. "Lease Transaction"
24-5-16.5-9. Duties of Retail Lessor
24-5-16.5-10. Trade-in Vehicle for Leased Vehicle
24-5-16.5-11. Bonafide Printing Error on Lease Agreement